Tokenized belongings on Solana crossed over $418 million, rising 140.6% year-to-date and narrowing the hole with main rivals within the house, in response to a latest report from Messari.
Solana’s progress greater than doubled the broader real-world asset (RWA) tokenization market in 2025, which expanded by 62.4% throughout the identical interval. Solana now hosts a wide range of RWA tokenization tasks, with belongings spanning from tokenized shares and US treasuries to institutional funds onchain.
“Solana’s attraction stems from its excessive throughput, near-zero transaction prices, and strong developer ecosystem,” Matthew Nay, a analysis analyst at Messari, writes within the report.
In keeping with analytics platform RWA.xyz, Solana holds 3.9% of the general RWA tokenization market as of Sunday. The community ranks fourth amongst blockchains, behind Ethereum, which holds 58.4% of the RWA market share, adopted by ZKsync Period (17.2%), and Aptos (4%).
The 2 largest non-stablecoin RWA protocols on Solana are Ondo, through its U.S. Greenback Yield Fund, and ONe, by way of its institutional fund. Collectively, they account for $277 million in tokenized real-world belongings on the community.
Ondo’s fund recorded $2.7 million in cross-chain buying and selling quantity over the previous 24 hours, in response to CoinGecko. A portion of that exercise generates charges that movement again to host blockchains like Solana.
In keeping with Token Terminal, Solana has generated $3.9 million in income over the previous 30 days. Main the RWA house, Ethereum has generated income of $15.9 million over the identical interval.
Associated: How are RWAs tokenized: Ethereum vs. Solana comparability
RWA tokenization market cap surpasses $25 billion
RWA tokenization, a rising crypto use case, surpassed a $25 billion market cap on Wednesday. The sector’s rise has been substantial. Previously 30 days, the market cap has jumped by 6.3% and has grown 62.4% over the previous six months.
Tokenization of real-world belongings has an attraction amongst conventional finance entities and establishments because the expertise gives faster speeds, extra speedy settlements and larger world accessibility.
Completely different blockchains and protocols try to grab market share. Aptos, a layer-1 blockchain designed by former Meta engineers, has seen its RWA worth develop by 52.7% prior to now 30 days. Solana has seen its RWA worth develop by 14.6% over the identical interval. Ethereum’s RWA worth solely grew by 3.6% prior to now 30 days.
Journal: TradFi is constructing Ethereum L2s to tokenize trillions in RWAs — Inside story
